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tv   Varney Company  FOX Business  October 26, 2022 11:00am-12:00pm EDT

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>> we're going to get 52 plus republican senators because everybody's fed up with biden agenda. this is horrible for country, what the biden administration and democrats are doing. >> we are facing a very
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difficult and challenging and highly promotional holiday season for retailers. there are very rough waves ahead. >> for the next 6-8 months you're going to see treasuries outperform other sectors because it's nothing times nothing. >> this calendar quarter too especially on the software side is usually weak. over the next 12-18 months and even 2 years we're entering into a very strong value market. ♪ here i am, baby -- ♪ signed, sealed, delivered, i'm yours. stuart: here i am. don't you love it? television is the most narcissistic of all mediums, in my personal opinion. 11:00 eastern, sports fans, and this is wednesday, october 26th. all day. check those markets. whoa, what a turn around. we now have the dow up 200 points, and the nasdaq is down only 68. show me big tech. fell out of bed earlier.
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where are they now? still falling out of bed but not as badly. the worst performer is alphabet, down 6%, and poor old microsoft, also down 6%. the yield on the 10-year treasury right about the 4% level. it keeps going down. it was over 4.25% last week, now just over 4%. that's the situation on the markets and now this. follow the money and follow the polls. they both point towards a republican surge in the midterms. the money flow is important because it shows where the parties think they can win and where they suspect they're going to lose. the trend here is clear, the democrats have been forced to play defense. instead of using their cash to attack republican candidates, they're increasingly using it to de. fend democrats even in supposedly safe cease9 -- seats. speaker pelosi's superpac just canceled $2 million worth of ads meant to attack california
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republican mike garcia. she needs the money to defend democrats elsewhere. hard to believe that democrat money is now being poured into deep blue territory. states which have had one-party rule for years -- rhode island, new york, california, oregon -- the democrats didn't expect this. they thought that trump hatred, january 6th, voting rights and abortion would carry the cay. the polls show they got it wrong. the top issues are inflation, crime and the economy. it's that a sudden realization that their dogs just won't hunt. that's changed the whole trajectory of the midterms. last night lee zeldin hammered new york kathy hochul on crime. republican tudor dixon hammered michigan governor whitmer on education, and democrat john fetterman hammered himself on energy and just about everything else. thirteen days to go, and the third hour of "varney" starts right now. ♪ ♪
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stuart: all right, look who's here, kayleigh mcenany joins us this morning. do you think the democrats are starting to panicsome. >> no doubt about it. and i'm so glad you focused on the money trail, because i think that's not discussed enough. i've seen some headlines over the last 48 hours. new hampshire, don bolden, all of a sudden they're investing $# million in his race. new york, sean patrick maloney, republicans putting money in there, democrats too. washington state, patty murray, you know, democrats forced to go into that race on the border, southern border. monica de la cruz is a republican, and it looks like democrats have entirely pulled out there. these are big deals. we can look at the polls, but the money kind of speaks a little louder. stuart: where the money goes, it
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shows you where the parties think they're in real danger. >> that's right. stuart: you've got to tell me about this. you've got a new show, it's op on fox nation. is it about the midtermsesome. >> i do. it's called kayleigh's midterm countdown. kari lake, ron johnson coming up, all the big names, all the big candidates. stuart: it is getting exciting. >> it is. stuart: there's 13 days to go. it looks like there could be a real turn around for congress. to me, that's really exciting. >> and when you look at trajectories, every single poll is running in one direction, stuart. the color i'm wearing, kind of red. stuart: i've got to be serious about one thing here. justice samuel alito is speaking out about the leak of the roe v. wade decision. he says it puts the supreme court justices at risk of assassination. where was the condemnation from the white house? >> that's a great question because we heard jen psaki say stay peaceful but, never theless, feel free to go to justices' homes, which should
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never have been the case. joe biden, when there was that assassination attempt against kavanaugh, he never correctly addressed this. remember -- directly. remember, it took congress several times to pass security and extra funding. the federal response was abysmal, and i would lie to think if this was a a democrat, left-leaning supreme court justices, that republicans, if they were in power, would have acted differently because this is something we've got to stand united on. stuart: we never found out who leaked. >> no. but we can arrest 22 pro-life activists, go after all sorts of political crimes, but we will never look at the leaker because it just doesn't flow in the right direction. stuart: before we close it out, i know you are a close watcher of elections. how many seats dueck the republicans will pick up -- do you think the republicans will pick up in the house? >> i think it's being vastly underestimate thed. i think it could be above 20. i'm mutting -- putting my money in the 25 range.
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polls always underestimate republicans on the generic ballot, and i think if they're leading eby a point to three, that could be indicative of a 25-seat pickup, and i think we take the senate by 1, possibly 2 seats. stuart: so 51 or 52 republicans in the senate. >> yes. stuart: that would be a sweep. >> it would be, and i think that's what we're in for 13 days from now. stuart: you're not supposed to say this in journalism, but only time will tell. >> i need some wood to knock on. stuart: kayleague -- kayhugh, thank you for being here. gotta get back to the markets, nasdaq only down 42. mark ender is with us morning -- mark tepper. is with us this morning. apart from the market for a second, i want you to tell us about housing. some very negative numbers, i want to know what kind of impact that has on the market and the economy. >> i mean, housing, when you consider housing and the ancillary lines of business which would be like furniture,
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appliance, stuff like that, housing makes up about 20% of our economy. and as you mentioned, stu, the data's been horrific. the nahb data came in at a 38, case shiller just saw its biggest decline since 2009 month over month. so housing has its issues, and housing has a very, very strong correlation to the economy. so typically, when you see the nahb number go down to 38, 12 months later that will be reflected in the unemployment rate. what that's signaling to us is that if the president historical correlation -- if the historical correlation holds, we could be looking at a 7% unemployment rate 12 months from now. stuart: ouch. what about a fed pivotsome if isn't there great pressure for the fed to stop raising interest rates so rapidly? >> there is, there is. stuart: you don't think it's going to happen. >> wall street wants it to happen. i don't. i think at the end of the day, the fed has to protect -- i think i read a statistic, i want
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to say 60% of people making 100,000 or below are living paycheck to paycheck right now. stuart: yep. >> so i feel like the fed, they have to fulfill their obligation to take care of those people, not the 40% of americans that own a mutual fund or stock in their portfolio. i really think at the end of day they've got to do their job, heavy got to fight inflation. i don't think they're going to take their foot off the brake early. stuart: on the markets, are you considering at least buying a microsoft or an alphabet or any big tech today, now? >> not alphabet. i think alphabet's doing exactly what we expected, you know? whenever you enter an economic slowdown, the very first thing that gets cut is advertising costs. so that's where google plays, obviously. microsoft, yeah, i wouldn't mind picking some stuff up. i've got a long-term time horizonnen. i mentioned either last week or the week before we had a client where we're laddering treasuries 3-month, 6-month, 1-year, so as those come due, we will be
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picking off the best names we see at that point in time. right now microsoft, do i think it's going to be higher 3 years from today? absolutely. 3 months frommed today? no. i'm not sure. stuart: i know what you mean. [laughter] i've got a 2 or 3-year time horizon, that's the truth. i mean, microsoft -- >> you've got to go at least all the way to 95. you've got to plan that way. [laughter] stuart: we've discussed this before, and lauren is laughing. lauren: we discuss it every day. do you know people are going to work all the way to the age of 64 to have enough money for retirement? >> i thought 65 was the gold standard. stuart: what a day. thanks very much for joining us. you've got to stay there. lauren, the movers. you've got to start with apple. i know it's down. lauren: yeah. but that's not terrible and considering what we're seeing from the other tech. the largest plant, the foxconn factory, it's experiencing the
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covid outbreak. what exactly that means, we do not know, but there's a lot of covid cases at that plant. apple reports tomorrow. said heir one of the best positioned names in alternative energy, strong or earnings, big demand for solar and battery systems pushed them to record revenue. stuart: one single report from, okay, a reputable operation, gets you 13% up. lauren: but they also reported better than expected earnings. first came the earnings. stuart: okay. we're back to looking at the cruise lines, specifically carnival which is up again. lauren: i couldn't help myself. it's a nice gain. and the news is it's the like pretty much bang to normal. you don't have to test, you don't need to be vaccinated, almost completely back to the way it was before covid. stuart: so it is your choice as to which stocks we consider to be movers. lauren: it's all of our choice. stuart: you make all these calls? lauren: i will say it come out
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of my mouth so, therefore, yes. [laughter] but two of your producers suggested carnival -- stuart: just to -- lauren: should i name them? stuart: just to get under my skin. fighting at battle here. thank you, lauren. that was great stuff. all right, tiktok now targeting ads at users based on purchases they haven't even made yet. that's raising, i guess, security concern? i don't know why. but we've got the story for you. the midterms, 13 days away. early voting underway many parts of florida in in -- including where congressman byron donalds is running for are re-election. home buyers, real estate investors flocking to southwest florida trying to score deals in areas hit by the hurricane. ashley webster is there, he's got the story from my second or third hometown, naples. he's next. ♪ that's how we do it round here. ♪ yeah, that's how we coit round here ♪
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"does it really work?" and all i have to say is, "here i am. it works." my advice for everyone is to go with golo. it will release your fat and it will release you. ♪ stuart: it's been nearly a month since hurricane ian devastated parts of southwest florida. investors are searching those hard-hit areas. they want real estate deals. ashley webster in naples. have home prices come down after the hurricane where you are? ashley: absolutely not, stu. this is a very swanky, sniff-sniff area, as you very well know. take a look at this picture, i mean, does it not? if beautiful coastline, people at the reach. you're right, it's only been 28 days since hurricane ian came through with its devastating force. but you know what? the popularity of this area has not slowed down. yes, investors are coming in. but bottom line, i think if
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there was any blip in sales, it may have been in the week or two right after the storm. but there's always a price to pay in paradise, is there not? case in point, a home like this. this is right on the gulf of mexico, right on naples beach, and you can see the wind and the storm surge essentially took out the first floor. this house will have to be brought down but you know what? this lot just down, just three or four houses down, the lot is on sale for $18 million. so forget about the house, a multimillion dollar lot here on naples beach. so the demand is there. i spoke to a hoping realtor who told me, yeah, i mean, the market has already recovered. take a listen. >> the real estate market is really bouncing back. we had a couple of weeks that were slow, as we normally coafter a storm. but since then the buyers who did delay their trip waive the storm that come back and and they're starting to buy, and our online inquiries have increased significantly. ashley: it's truly remarkable. yes, there are investors looking
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for deals, but it's the not like they're going to pick up property cheap. again, the lot right here is doing -- going to be multimillion dollars. but it was the same story after hurricane irma came through here in 2017. sales dropped off slightly but within weeks were back to where they were. and don't forget we already had a severe housing shortage in florida, especially this part of florida, before the storm hit. now it's even worse because some of those homes that were up for sale have been damaged. so prices, remarkably, have gone up. and, yes, the demand is there, stuart varney. by the way, i did manage to swing by the varney estate, the grounds, and i'm happy to report that the moat and the alligators, they're doing just fine. [laughter] the giant iron front gate, buckingham palace style, is firmly locked. it hook like everything's safe and secure at the varney household in naples. stu, back to you. stuart: thank you for a fine report, what's your name again? ashley. [laughter]
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i'm not sure how i can follow that up, but will you go. seriously, great stuff. that is a very attractive area. thanks, ash. look who's here now, congressman byron donalds. you're in that area. that's your constituency, the fort myers area, you represent. are people still moving could be to florida after the hurricane and despite all this damage? >> there are people who are coming down. if they're trying to figure out if they're still, their plans are are still going to work, but they're going to continue to make that trip. we are seeing people who want to buy property whether it's distressed or still want to make the purchase of their dreams and live, frankly, in southwest florida which is one of the great paradises in the united states if not the world. it's only going to build up as the area continues to recover. stuart: hurricane ian insured losses in your area, your constituency, came in at $7 billion. is that how much insurance is going to have to shell out in your area? >> it looks that way. and i think, even i think that
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estimate is early. there's still a lot of work that has to be done with respect to assessing property in the barrier islands, so i anticipate that number's going to go up. stuart: okay. the midterms, what, 13 days away, i think it is. early voting has started in your district. you are up for re-election. what's driving people to vote early? because we're getting reports from all over the place that early voting is hitting records. >> well, i think specifically you have voters who are just not happy with the direction of the country. we've discover -- covered that the last couple of years, stu. people are, obviously, concerned about inflation, crime, the border, america's standing in the world and all the issues in between. that's what's driving them to the polls even in southwest florida. we have residents who are trying to pick up the pieces, but they're definitely making sure their voice is heard, and they're getting out to vote as well. stuart: is your re-election campaign, is it based on the performance of governor desantis in the hurricane? i mean, is this a referendum on
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florida's performance with hurricanesome -- hurricane? >> well, number one, our response has actually been tremendous. governor desantis has handled this flying colors. even joe biden had to say when he was down here that the governor's done a tremendous job. but the response aside, it's the conservative leadership from governor desantis, it's my representation of the area based upontive principles, that's what's going to lead the day towards re-election. the response to the murk -- hurricane, in my view, is just adding to the leadership that i think the voters have come to appreciate here in southwest florida. stuart: if you win re-election and if the republicans retake sol control of the house, what office will you want to hold within the republican party after november in -- november? >> well, i am running for house conference chair. i think that, you know, i have an ability to really be a lead messenger in our party. but also i think that as a conference we have to be on
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offense when it comes to messaging. every member needs to be a part of that. it's local media, it's the regional media, of course, national media with you, stu, and also all the stuff on the internet and being in constant response mode to the political messages and narratives from the left. every member needs to be engaged in that, and i would love to be able to help my colleagues. because if we can win the messaging war or even, frankly, just stay on par with the messaging battle, it helps us not just electorally, but it helps us accomplish the agenda which is what republic voters want to see concern -- republican voters want to see on capitol hill. stuart: congressman donalds, we wish you the best of luck in your re-election campaign. thank you, sir. see you later. >> thank you. stuart: john fetterman's campaign complaining about the closed captioning being used in last night's debate. what was the problem? lauren: well, first of all, they said he did terrific, and then they blame the delayed captions that were filled with errors of
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the system that was used for, well, we'll show you the performance again. >> i, i do support fracking. and i don't, i don't -- i support fracking, and i stand, and i do support fracking. it's about supporting and helping, you know, young earner, young, you know, students to give them a break. i believe that supporting -- >> all right. lauren: he had a stroke in may. there's a human element to that struggle, but he is running for senator. and i think that was really hard for dr. oz to react to that. just quickly, the host of the debate, they say he only practiced one time. he needs to practice more. stuart: mark tepper, dr. oz has a 67% companies of -- chance of winning. >> yeah. and he was expected to lose the
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day before. so he made up a ton of ground. it's basically a 2-1 shot of him winning. stuart: the betting market's really turned him around. >> betting odds have a 69% chance of a republican sweep now. that is, that is the most favored outcome, a republican sweep. 52 seats in the senate, picking up 29 seats in the house. stuart: that is a big deal. >> yes. stuart: the betting markets are not always right -- >> but you know what? i think the betting markets are probably more reliable than the polls at this point in time. in my opinion. stuart: fascinating. all right. listen to this, barstool guy, dave portnoy, he has suspended his own podcast. he says it's a terrible program and the content stinks, his words, not mine. yeah, we're on it. china's xi jinping just started his third term, looks like he's more powerful than ever despite major economic and covid problems. michael pillsbury is next. ♪ ♪ everybody wants to rule the
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♪ oh, sometimes, i get a good
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feeling, yeah ♪ stuart: it's a beautiful part of the country, naples, florida. absolutely gorgeous. it's 80 degrees right there, right now. check those markets, please. i see some green especially for the dow industrials. we've got the dow now up, where is it at? up 311 points, the nasdaq is down a mere 8 points. we'll have to check out big tech, shortly, because i'm sure it's come back significantly. we got this new report out of twitter that they are losing their most active users. now, why are they leaving, lauren? lauren lauren not engaged. there's a big shift in interest on twitter. used to be news, sports, entertainment. cryptocurrencys and not safe for work content which is actually nudey which is actually permitted on -- nudity which is actually permitted on twitter, believe it or not. internal documents found the heavy tweeters, people who post 3-4 times a week, they're huge. there's not a lot of them, but
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they're responsible for half of twitter's revenue. they're just not tweeting as much. stuart: that's got to be musk's likely takeover. surely that's why the old guys, they're leaving. surely. lauren: um, partially. stuart: they're scared to death. don't want to give him revenue. >> or cancel culture. if you think about it, yeah, he's going to concern so elon wants to fire 75% of the thought police so, obviously, that's good for free speech. but it seems like with cancel culture nowadays when you have a bunch of followers, you have more to lose if you say the wrong things. lauren: it's there true. >> i feel like maybe they're reining in their comments. the accounts that tweet the most are the pseudonym accounts where you have no idea who they really rah are. like the people who troll you, lauren? [laughter] lauren: like president obama, justin bieber, katy perry, heir the most popular user s on twitter, but they hardly ever tweet. of it's complete name recognition, but they put nothing out there. stuart: i'm moving on to tiktok.
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tiktok is looking for new ways to track and target your personal information. grady trimble, what kind of information is tiktok collecting and why? >> stu, a shorter question to answer would be what type of data are they not collecting. of course, we know they're looking at your video preferences while you're browsing the app, but a new report from market watch says that they're siphoning data from more than half a million web sites, and they're covertly tracking wish lists in online stores for flower shops, fashion and clothing outlets and other sites. so they're not just collecting data while you're in the app, but also when you leave it to check out other sites. this is all part of tiktok's ambition to grow beyond a social media app known for dance trends and viral videos. the company is reportedly looking to expand the number of people who have made a purchase on the platform from around 24 million this year to nearly 38 million in just 3 years' time. basically, tiktok wants to be an
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e-commerce platform like amazon, andst it's already really, really good at predicting what you might want to buy even before you know what you want to buy. of course, lawmakers on both sides of the aisle have major concerns about tiktok's parent company in china, bytedance, because of all this info they have on users. >> you have to assume the worst in these situations. if and given the national intelligence on china, you just cannot avoid the conclusion that the chinese communist party, if it wanted to, could easily access data the on our phones in the u.s. >> reporter: tiktok has posted job ads for a variety of roles in e-commerce. in seattle, which is where amazon is headquartered, we reached out to the company, stu, and we have we have not heard back. stuart: why am i not surprisedsome all right. thanks so much, grady. china's president, xi jinping, has just started his third term in office. our next guest, michael
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pillsbury, says he's more powerful than ever. michael joins me now. he's got all this power, michaeling -- michael, but he's also got major league problems with the job market and covid. >> he continues to pursue the strategy of 30 years now, stuart, of seeking foreign investment in china, seeking to expand chinese markets, seeking to either legally or illegally attain high technology. they want to dominate the top ten technology sectors in the world in terms of market share. so i don't see xi jinping as a stalinist at all. he has caused some alarm the last three days by purging two key reformers in his top ranks, one of whom was a personal guest of donald trump in the oval office. he was in charge of the trade negotiations, mr. leo hu. so there's a chance that china could turn to even more state control of the economy. i think that's why this wonderful phrase, the golden
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dragon index of the nasdaq, it was showing chinese stocks dropping 15% a couple days ago. so there is a sense of alarm, and barron's, "wall street journal," lots of financial coverage that the chinese stock market may continue down. i noticed just last night it began to recover again partly because they've got $3 trillion, stuart, in foreign verves they can use to -- reserves they can use to prop up their stock market anytime they want. stuart: do you think bearing many mind what xi jinping is doing to the economy in china, centralizing it and having it entirely government-run, can you create a brilliant, sparkling technological winner with an economy and political system like that? >> well, we've got a lot of american analysts who are betting the farm on what i consider wishful thinking, that china's going to collapse, going to slow down, they're really stupid over there. there's been a number of examples, and they're similar simply not -- simply not true.
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they identify the problems and they tell us, and then we run it in our press, but then they fix the problems and they recover. that's why i still think they're going to surpass us within about five years, and i'm not the only one who thinks that, stuart. a lot of analysts believe china will surpass it in another five years and it's wishful thinking that they're going to collapse or slow down is simply wrong. [laughter] stuart: last one. if he's got all this power, how will he use that power against us? will he invade taiwan, do you think? what's the likelihood of that? >> likelihood is growing. their approach is not a normandy landing, sort of massive surprise attack on taiwan. their approach has been to consider threatening taiwan in various ways to try to put political pressure on both us and taiwan. i think that's very likely to happen. but a normandy landing with 1 is 00,000 chinese screaming asore, i think that's very unlikely.
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that's not what taiwan is preparing for. the real threat came out in his speech, his 2-hour speech, that he's surrounded by hostile, foreign portions, that the communist party is needed to mobilize china because of these hostile foreign forces. he never quite said america, but everybody kind of knows. he's demonizing america while still trying to get investment, trade and technology from us. and so far it's working. we have a lot of rhetoric against china, but real action, legislation that passes or real steps to block china's growth, we haven't really done that yet, stuart. stuart: okay. michael, that's fascinating stuff, and you know what you're talking about. michael pillsbury, everyone. come back soon, michael, please. appreciate it. >> thanks, stuart. stuart: how about this? stay straight and sober and get a free gift card. that is seattle's latest plan to fight drug addiction. a children's author gassing up her car and hitting the road, she would rather deliver her own books than charge people more
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make a sound decision. call 1-800 miracle now, and book your free hearing evaluation. stuart you know, the par toole sports guy, dave portnoy, frequent guest on this program p he says he is canceling his podcast. tell me why. lauren: i love this story because i so appreciate his honesty. he says his podcast stinks. [laughter] >> i guess i should mention, i thought i was going to do it. dave portnoy show is in purgatory. it is the suspended indefinitely. >> wow. >> so i stopped it last week because, to be honest, it was terrible. i don't know if it's coming back or when it's coming back, but
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i'm not going to do content that i know stinks. [laughter] stuart: wasn't it a moneymaker? lauren: not that i know of. >> he had sponsors. lauren: he wanted to bring in more celebrities -- >> he sounded a little irritated to be on this morning, his last up one. it didn't sound like there was a lot of production that went into it, trying to come up with content, it just kind of seemed like a free-for-all. lauren: that's kind of his thing though. stuart: it's good for a man to be honest like that. it was terrible, didn't like doing it, i'm out. >> yeah. stuart: how many people actually say that? lauren: that's my point. and he also said it took a lot of planning and production -- >> it does. lauren: but you said it wasn't obvious in the quality of the podcast. >> i mean, so this is a 3-hour show. what time do you get here? stuart: 4:00 in the morning. >> you put a minimum of 5 hours' of time and there's probably other time, so you have to put a
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lot of time in you want your content to be good. stuart: but it's the only show i've got. portnoy's running who knows what, $700 million of his family wealth. >> sometimes you just have to learn to say no. stuart: i guess you do. i'm staying right here. shipping costs for books, school supplies, that kind of thing, have skyrocketed. 26% since 2019. we have a children's book author with us who is taking matters into her own hands when it comes to delivering her books. here she is. crystal lynn sanders decision. great of to have you on -- diggs. good to have you on the show. i believe you're using the postal service because it's cheaper than fedex or ups? is that what you're doing? >> yes. i currently ship through usps media mail because it is slightly cheaper than ups and fedex. stuart: now, i also understand that if you're delivering a big order, you'll actually drive to deliver it someplace as opposed
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to using the postal service. is that how you save money? how much money are you safing, and you avoid raising prices. >> you know, it's difficult. so for bulk orders, yes, i would prefer to drive them if it's within a 3 to 4-hour radius within where i live. so i will definitely be driving a lot more bulk orders to nonprofits. [laughter] that way we can all save money. i don't have to charge them for shipping fees, and it's -- i save probably a couple of hundred dollars just by driving the order versus shipping them. stuart: that's pretty good. how's business? you doing well? >> business is okay. i've had to switch manufacturers due to the cost of inflation, so i was using a manufacturer in india, and now i've had to start having my books manufactured in china. it is very important for me to keep book costs down because, as you know, i write children's books that are designed to teach children about body safety, to
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keep them safe from predators. so it's important that my books are affordable to people in all economic backgrounds and demographics. however, due to inflation it's been very difficult to keep costs down. stuart: well, we -- it's great to have you on the show doing all you can to keep the cost down and keep the business going. thank you very much for being here. we love success. love having you on the show. thanks a lot. >> thank you so much. stuart: all right. of it's that time when we show you or try to show you a sense of the market. there you have all the dow 30 stocks. they're all up except for travelers, a apple, salesforce .com, boeing and, yes, microsoft, which is down $12. when can i ever retire? republican tiffany smiley closing the gap in the washington senate race, but we're barely hearing about it in the media. jason rantz says he knows why the media's gone silent, and he'll tell us next. muck i'm still standing, yeah,
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stuart: here's a headline for you, the republican gubernatorial candidate in oregon is leading in the polls with less than two weeks to go until the election. connell mcshane is in portland. connell, could oregon actually get a republican governor? [laughter] >> reporter: i mean, it's possible, stuart. it's crazy to think, but i know that the fox power rankings have that race as a toss-up. it's very, very close. anything is possible with the way things have been going here. it's all about crime. you talk to people, homelessness and crime is what residents especially here in the city of portland. and what we've noticed that's interesting, the business community is taking the lead, really taking charge in pushing for change. there's a guy named jim rice who owns the fields bar and grill. he says this place has been broken into now five times in the last year. he and his staff don't even know where to park their cars anymore, the cars have been broken into a number of times as well. for you he's staying, but he says others are not. >> we just lost starbucks, not
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even a block and a half from us, that just moved out because of crime that's been happening here in the area. i have another business about six blocks from here that got burglarized over 17 times in one year. >> reporter: he actually showed us video from his security camera of a guy breaking into his bar caught on camera stealing the safe. jim says the guy was never prosecuted. now across time ramsey hatter showed us pictures of damage done by vandals at his bar. he actually is making plans to expand his business in all a of this, but here's the catch, he doesn't want to expand in this state. he's looking to open new restaurants in in and arizona. in texas and arizona. >> being a small business owner in this state, i've got to say open-minded -- stay open-minded with whoever, whoever's elected and find ways to have them hear us, have them understand what we're going through because it's
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not like this in every state. it's not like this in every city. [laughter] and i see that in texas, i see that in arizona. >> reporter: yeah, he says he wants to see it again in oregon and is hoping things get turned around. he says opening up those businesses in other states is almost like a hedge for him in case things don't change here in oregon. stuart? stuart: connell, thank you very much, indeed. now let's go to washington state where polls show democrat path patty concern patty murray leading republican tiffany smilerly less than 9 points -- smiley. jason planets joins me. -- jason rantz. can a republican win in bah state? >> she can win. she gained nearly 10 points since july whereas murray lost 3, but smile -- smiley leads 50-% to 34%. this is why it's important, for republicans to win a statewide office here in washington state,
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you've got to get about 40% of king county. that's where seattle is located. otherwise you have to really overperforming everywhere else in the state. the threat is seattle, right? but if you are bringing in all of those up dependents everywhere else, can be up dependents, you can afford to lose a little bit of ground in seattle and, unfortunately, the reality is abortion is considered to be the number one issue here in washington state for some reason. again, it's not a threat washington, it's not going anywhere in washington, but democrats have really president bushed that concern pushed that amongst the liberals in seattle, and that's getting out the vote on their side. and that's where the potential threat is. tiffany just has to step up everywhere else. stuart: in seattle the number of overdose deaths has gone from 98 per year to 365 per year over the last 5 years, 318 already this year. jason, what's seattle doing to fix this? >> well, they're not reare versing their drug policy that legalized it, which is why we have this issue. instead, they're pushing something called contingency
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management which is just a fancy phrase for saying we're bribing addicts with gift cards. the way the program will work, it's 12 weeks, you come in, you meet with aically clinician two times a week and you have to have a urine test. every time you have a urine test that comes up clean, you get a gift card. if you skip meetings, if you're positive for drug use, it goes back down to the lowest level. if nip thinks this is a plan that will realistically stop meth addicts, they're not looking at the data. there's lots of research in contingency management, and it can work. not like this. the data suggests that people generally, if it does work, it's because they're low-level addicts, they're not addicts to the point where they're living on the streets which is our problem here. stuart: what a mess. jason, thanks for joining us. see you later. all right, it's that time. here is the wednesday trivia question. how many years did it take to build the brooklyn bridge?
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3, 7, 10 or 14 years? the answer after this. ♪ if. ♪ ♪ makes every day... a "let's dig in" day... mm. ...a "chow down" day... a "take a big bite" day... a "perfectly delicious" day... - mm. [ chuckles ] - ...a "love my new teeth" day. because your clearchoice day is the day everything is back on the menu. a clearchoice day changes every day. schedule a free consultation. . .
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stuart: how many years did it take to build the brooklyn bridge. start with lauren. >> 10 years. stuart: tepper. >> seven years. stuart: prime saying three. the answer please, 14. >> i win by price is right rules. stuart: construction started in 1869, the bridge was completed in 1883.
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at the time it was the longest suspension bridge. i thought three years, back in those days americans could do things really fast. >> have you guys walked the brooklyn bridge? stuart: no. >> to grimaldi's the pizzeria on the other side? really. that is something you need to do. >> i have lived in the new york area 44 years. >> still never done it. stuart: i'm not a tourist. >> try it one day. stuart: quick check of the markets. this is important, folks. the dow turned around. we're up 200. so has the s&p, up 19. a small loss quarter of 1% for the nasdaq. the market changed a lot since 9:30 this morning. time is up for me but neil, it is yours. neil: 14 years? >> yeah. neil: the empire state building took a year. stuart: are you sure about that? neil: i most certainly am. why don't you look it up to give it to your trivia little maestro. that doesn't make sense. i think because my people were

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